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Latest news: Economy, Business and Finance

Minerals project pipeline could throttle climate action

Minerals project pipeline could throttle climate action

The mining industry has been warned investment plans are still geared to gradual climate action, leaving the world short on supplies for a swift energy change.

Tainted PwC partners and staff to be publicly named

Tainted PwC partners and staff to be publicly named

Tainted PwC partners and staff to be publicly named

Tainted PwC partners and staff to be publicly named

As PwC appoints a new CEO and offloads its government business, an inquiry has heard an investigation into the tax scandal will name culprits.

'Time to deliver' on battery supply chain promises

'Time to deliver' on battery supply chain promises

'Time to deliver' on battery supply chain promises

'Time to deliver' on battery supply chain promises

Despite surging global demand, a treasure trove of clean energy minerals is yet to be designated critical commodities by the Australian government.

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Pace of inflation slowdown major drawcard this week

Pace of inflation slowdown major drawcard this week

A new round of numbers from the nation's statistics bureau should paint a picture of Australia's inflationary environment and consumer spending behaviour.

Battery start-up drives tech to US industrial heartland

Battery start-up drives tech to US industrial heartland

Australian start-up Sicona Battery Technologies is going offshore to supply pure materials that could supercharge electric car batteries and fix range anxiety.

Former Labor cabinet minister condemns $368b AUKUS deal

Former Labor cabinet minister condemns $368b AUKUS deal

Midnight Oil frontman and ex-Labor cabinet minister Peter Garrett has condemned Australia's new security deal with the United States and United Kingdom.

Housing bill on ice puts double dissolution in play

Housing bill on ice puts double dissolution in play

The Albanese government's signature housing policy has failed to pass parliament and could set the stage for an early election.

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Low productivity growth bringing less bang for the buck

Low productivity growth bringing less bang for the buck

Low productivity growth bringing less bang for the buck

Low productivity growth bringing less bang for the buck

Anaemic productivity growth is fuelling Australia's cost of living woes and immediate action is needed to fix the problem, an independent official warns.

Billions for green hydrogen but no idea on break-even

Billions for green hydrogen but no idea on break-even

Billions for green hydrogen but no idea on break-even

Billions for green hydrogen but no idea on break-even

Green hydrogen champions will get subsidies to bridge the gap between the fuel's cost and what the market is prepared to pay, with no timeline for profits.

Experts divided on rent controls and housing supply

Experts divided on rent controls and housing supply

Experts divided on rent controls and housing supply

Experts divided on rent controls and housing supply

A freeze on rents may be welcomed by struggling tenants but there is a live debate on the likely impact of such a policy on housing affordability and supply.

Aussie charities take $13.4 billion in donations

Aussie charities take $13.4 billion in donations

Aussie charities take $13.4 billion in donations

Aussie charities take $13.4 billion in donations

Australian charities, including churches and universities, recorded a jump in donations to $13.4 billion in 2021 and employed more than 10 per cent of workers.

NT looks to revamp mining royalties scheme

NT looks to revamp mining royalties scheme

NT looks to revamp mining royalties scheme

NT looks to revamp mining royalties scheme

The Northern Territory is looking to revamp its mining royalties regimen to maintain and increase revenues.

Treasurer's 'big call' on RBA top job due in weeks

Treasurer's 'big call' on RBA top job due in weeks

Treasurer's 'big call' on RBA top job due in weeks

Treasurer's 'big call' on RBA top job due in weeks

The treasurer is expected to make a decision about the leadership of the Reserve Bank of Australia as existing governor Philip Lowe's term draws to a close.

Green bank invests $50 million to cut farming emissions

Green bank invests $50 million to cut farming emissions

Green bank invests $50 million to cut farming emissions

Green bank invests $50 million to cut farming emissions

Taxpayers will bankroll an agriculture investment vehicle to encourage low-emission production technologies and carbon storage across Australian farmland.

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Twitter has 'dropped the ball' on tackling online hate

Australia’s eSafety Commissioner is demanding Twitter explain what it is doing to tackle online hate, amid a surge in complaints since Elon Musk’s takeover.

Economy falters as rattled consumers tighten belts

Australia is on track for two years of sluggish economic growth that may be even weaker than first feared.

Bumpy route to net zero for BHP after 'good progress'

BHP backs electric mega-trucks not hydrogen when hauling more metals and minerals for a decarbonising world, but warns of a zigzagging route to net zero.

Australia’s oldest chocolate company Hillier goes bust

Australia’s oldest chocolate company has gone into voluntary administration citing the rising cost of operating expenses.

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Electrifying call for national ban on gas to new homes

Ban gas connections to new homes and set a date for ending residential gas use instead of "enthusiastic inaction" on transition, critics are urging Labor.

No freeze on Vic MPs' pay amid cost-of-living crunch

Unions have reacted with bemusement at Victorian MPs receiving a 3.5 per cent pay increase as Premier Daniel Andrews rules out a NSW-style wages freeze.

Forrests donate $5b in shares to philanthropic group

Mining magnate Andrew Forrest and his wife Nicola have donated nearly $5 billion worth of Fortescue shares to their philanthropic foundation Minderoo.

Water retailer breached family violence provisions

Victorian water retailer South East Water breached family violence customer protections by exposing private information, the state regulator has found.

Tight jobs market adds to interest rate uncertainty

The Reserve Bank hiked interest rates last month due to inflation risks bubbling under the surface, but it has been revealed the decision was "finely balanced".

Greenwash claim as miner pledges to stay away from town

Alumina giant Alcoa has committed not to mine within three kilometres of a forest town as it looks to expand its footprint in Western Australia's south.

Critical minerals plan 'sets a floor, not a ceiling'

More than a quarter of a million new jobs could be up for grabs if Australia can supply factory-ready materials for the world's electric cars and clean energy.

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